Steps from the Watercolor Beach Club, this beachfront residence defines opulent coastal living. This legacy property is a top-producing vacation home at the front of an elite community with rental projections at $297,800 and cash on cash return projections at over 4% annually. Capturing sweeping Gulf views across a large beachfront balcony, this escape proudly displays the best that 30A has to offer. Enjoying unmatched amenities and a prime location, this rare four bedroom unit has a split level floor plan which lives like a home. Nestled in an exclusive gulf-front development, you are able to enjoy a dedicated community pool and private parking garage. The second level showcases striking Gulf views from the oversized beachfront balcony. The first level also has a huge covered deck offering direct access out to the pool & beach. The development has an elevator from the parking garage. The unit comes with a dedicated parking space in the garage and an outside space as well. This gorgeous beachfront residence will be sold fully-furnished making for a seamless purchase. This wonderful escape can host up to 10 guests and has proven success as a vacation rental. Rental income history, rental income projections & estimated expenses are available by request. Inquire to receive more details on an assumable loan from the seller for $1,750,000 at 3.99% interest. This amazing unit is just a short stroll from the private beach access, Watercolor Beach Club, Camp Watercolor and Seaside. Explore this elite beachfront residence today!
Property Features
Bedrooms
- Bedrooms: 4
- Primary Bedroom Dimensions: 15' x 20'
- Primary Bedroom Level: Second
Other Rooms
- Total Rooms: 6
- Balcony Dimensions: 33' x 8'
- Balcony Level: Second
- Balcony Level: First
- Bonus Room Dimensions: 12' x 9'
- Bonus Room Level: First
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Primary Bathroom Dimensions: 9' x 15'
- Primary Bathroom Level: Second
Appliances
- Cooktop
- Dishwasher
- Dryer
- Microwave
- Oven Self Cleaning
- Refrigerator
- Stove/Oven Gas
- Washer
Heating and Cooling
- Cooling Features: Central Air
Kitchen and Dining
- Kitchen Dimensions: 13' x 16'
- Kitchen Level: Second
Exterior and Lot Features
Pool and Spa
Waterfront and Water Access
Garage and Parking
- Garage Spaces: 1
- Parking Features: Garage
Homeowners Association
- Association: Yes
- Association Fee: 9272
- Association Fee Frequency: Quarterly
- Association Fee 2: 9272
- Association Fee Includes: Accounting, Insurance, Internet Service, Sewer, Trash
- Calculated Total Monthly Association Fees: 3091
School Information
- Elementary School: Dune Lakes
- High School: South Walton
- Middle School: Emerald Coast
Amenities and Community Features
- Community Features: BBQ Pit/Grill, Beach, Deed Access, Dock, Elevators, Pool, Waterfront
Other Property Info
- Source Listing Status: Active
- County: Walton
- Directions: Watercolor Beachside is on the south side of 30A.
- Source Property Type: Residential
- Area: 18 - 30A East
- Property Subtype: condo
- MLS Area Minor: 1806 - S of of 30A/East
- Source Neighborhood: WATERCOLOR
- Parcel Number: 15-3S-19-25409-000-0050
- Subdivision: WATERCOLOR
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 2805
- Year Built: 2001
- Building Area Source: Building Plan
- Building Area Total: 2805
- Construction Materials: Siding CmntFbrHrdBrd
- Property Age: 24
- Property Condition: Renovated, Construction Complete
- Levels or Stories: 2
- Total Area Sqft: 2805
Utilities
- Sewer: Public Sewer
- Electric
- Gas - Natural
- Public Water